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E.W. Scripps Adopts Shareholder Rights Plan Amid Acquisition Proposal

Story Highlights
  • Scripps adopted a shareholder rights plan to protect against unsolicited acquisition proposals.
  • The plan allows shareholders to buy extra shares at a discount if 10% ownership is acquired.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
E.W. Scripps Adopts Shareholder Rights Plan Amid Acquisition Proposal

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E. W. Scripps Company Class A ( (SSP) ) just unveiled an announcement.

On November 26, 2025, The E.W. Scripps Company announced the adoption of a limited-duration shareholder rights plan following an unsolicited acquisition proposal. The plan, effective immediately and expiring in one year, is designed to protect shareholders from coercive tactics and ensure they receive full value in any acquisition proposal. The rights plan becomes exercisable if a person or group acquires 10% or more of the company’s Class A common shares, allowing existing shareholders to purchase additional shares at a discount, thereby safeguarding the company’s long-term value and providing the board time to evaluate strategic alternatives.

The most recent analyst rating on (SSP) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on E. W. Scripps Company Class A stock, see the SSP Stock Forecast page.

Spark’s Take on SSP Stock

According to Spark, TipRanks’ AI Analyst, SSP is a Neutral.

The overall score reflects a mixed outlook. Strong technical indicators and strategic initiatives in sports and connected TV are positive, but financial performance concerns and valuation issues weigh on the score. The company’s ability to manage debt and leverage growth areas will be crucial for future performance.

To see Spark’s full report on SSP stock, click here.

More about E. W. Scripps Company Class A

The E.W. Scripps Company is a diversified media company and one of the largest local TV broadcasters in the United States. It operates over 60 stations in more than 40 markets, providing quality local journalism. Scripps also owns national news outlets like Scripps News and Court TV, and entertainment brands such as ION, ION Plus, and Bounce. Additionally, Scripps Sports serves professional and college sports leagues with extensive market reach.

Average Trading Volume: 1,028,713

Technical Sentiment Signal: Hold

Current Market Cap: $389M

For an in-depth examination of SSP stock, go to TipRanks’ Overview page.

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